VAT recovery on acquisition costs: lessons to be learned
The Court of Appeal has rejected BAA’s claim for recovery of input tax incurred on professional fees invoiced to a company that acquired it and that subsequently became a member of its VAT group. This case reinforces the lessons about the steps that need to be taken to enable VAT on takeover costs to be recovered. There are significant traps for the unwary.
Click on the link above to download the briefing from DLA Piper.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The FCA has published its Policy Statement addressing payments from product providers to platform service providers and consumers.
The US Senate Finance Committee has released its white paper on international competitiveness.
Analysis from The Lawyer
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies
With a glut of UK firms being taken over by global giants, the international table has been reconfigured, with a better than ever showing for one-stop-shoppers.